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Published on 8/18/2020 in the Prospect News Distressed Debt Daily.

Hartshorne seeks approval of $435,000 sale of Poplar Grove equipment

By Caroline Salls

Pittsburgh, Aug. 18 – Hartshorne Holdings, LLC requested court approval of the $435,000 sale of dock site equipment, a raw coal stacker and a clean coal stacker located in McLean County, Ky., according to a motion filed Monday with the U.S. Bankruptcy Court for the Western District of Kentucky.

The equipment will be sold to Castlen Marine, LLC through a private sale.

Hartshorne said it has been trying to sell the assets in question since it decided to permanently close its Poplar Grove mining operations in July.

Rumsey, Ky.-based Hartshorne develops and operates coal mining projects in the United States. The company filed bankruptcy on Feb. 20 under Chapter 11 case number 20-40133.


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